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Re: Walmart workers demand better wages

No he doesn't, he can cut into profits or executive pay ... short term, because if more companies unionize and get higher wages aggrigate demand goes up, meaning so does revenue ..

This is why heavily unionized european countries have higher living standards.

I've debunked the inflation argument over and over and over again, should I just repost the debunking?

Why should a business cut its profit rate? Does an employer have a duty to pay his employees whatever they demand? Why do you think there is no longer a textile industry in the USA? Unions, my friend, unions destroyed thousands of american jobs. Why do you think GE and GM are building their products in China and Mexico? Unions.

"Just get the hell out of my way" John Galt to the government in Atlas Shrugged.

"It's a question of education," said Josue Mata, a maintenance worker at Walmart in Wheatland, Texas, and a member of OUR Walmart, the labor group that is coordinating the strikes. "We have to show people that we're not just a crazy bunch of protesters."

Re: Walmart workers demand better wages

Originally Posted by Bobcat

Why should a business cut its profit rate? Does an employer have a duty to pay his employees whatever they demand? Why do you think there is no longer a textile industry in the USA? Unions, my friend, unions destroyed thousands of american jobs. Why do you think GE and GM are building their products in China and Mexico? Unions.

Because they have too ...

An employer has no duty to do anything, neither do employees.

The reason there is no longer a textile industry in the US or all of those things is because of the LOSS of unions, outsroucing happened majorly in the 80s and 90s, when Unions were being destroyed, because unions previously were making sure that outsourcing didn't happen.